Palfinger AG Unveils Strategy 2030+ and Sets Ambitious Financial Goals

Palfinger AG, a leader in technology and engineering, has launched its "Reach Higher – Strategy 2030+," aiming for substantial growth and market leadership. The plan includes new financial targets: reaching over EUR 3 billion in revenue, achieving a 12% EBIT margin, and a 15% ROCE by 2030. These goals were revealed at the Capital Markets Day in Vienna, underlining Palfinger's pursuit of continuous improvement and customer satisfaction.

The strategy is built on three pillars: "Lifting Customer Value," "Balanced Profitable Growth," and "Execution Excellence." These focus on maximizing customer benefit, promoting global product and service expansion, and enhancing operational efficiency. Geopolitical risks, economic fluctuation, and technological advancements like AI are viewed as opportunities for the company.